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Because of Analysts: Auto sales recovery under way, but may take longer the barrage of mixed Analysts: Auto sales recovery under way, but may take longer and discouraging economic data coming out, consumers aren’t likely to recover their confidence quickly. “We still see no signs of recovery in demand Analysts: Auto sales recovery under way, but may take longer and therefore think sales are likely to stay in Analysts: Auto sales recovery under way, but may take longer the 11 million to 12 million range for Analysts: Auto sales recovery under way, but may take longer the time being,” said J.P. Morgan analyst Kohei Takahashi.

So far this year, Analysts: Auto sales recovery under way, but may take longer the annualized sales rate is tracking at 11.3 million vehicles. August’s selling pace of 11.47 million cars Analysts: Auto sales recovery under way, but may take longer and light trucks Analysts: Auto sales recovery under way, but may take longer was expected to be lower than last August’s artificially inflated 14.17 million pace. But it also slipped behind June’s 11.54 million selling pace.

But key segments are starting to show strength. J. P. Morgan analyst Himanshu Patel notes Analysts: Auto sales recovery under way, but may take longer that pickup sales accounted for 12.2 percent of total light vehicle sales in August, similar to July Analysts: Auto sales recovery under way, but may take longer and up from 11.6 percent in June Analysts: Auto sales recovery under way, but may take longer and 11.1 percent in May. “Automakers mentioned Analysts: Auto sales recovery under way, but may take longer that strength in pickup truck sales Analysts: Auto sales recovery under way, but may take longer was a result of Analysts: Auto sales recovery under way, but may take longer the comeback of small commercial buyers,” he wrote in a report.

James Bell, an analyst at Kelley Blue Book, says some car shoppers may Analysts: Auto sales recovery under way, but may take longer have held off in August to see Analysts: Auto sales recovery under way, but may take longer what kind of deals would be on offer during Analysts: Auto sales recovery under way, but may take longer the Labor Day weekend. Bell noted Analysts: Auto sales recovery under way, but may take longer that one reason demand is recovering so slowly is Detroit’s restructured automakers are under less financial pressure to sell cars at any cost.

“Manufacturers seem to Analysts: Auto sales recovery under way, but may take longer have learned hard lessons from Analysts: Auto sales recovery under way, but may take longer the past Analysts: Auto sales recovery under way, but may take longer and are holding production levels in line Analysts: Auto sales recovery under way, but may take longer with real Analysts: Auto sales recovery under way, but may take longer and honest demand,” Bell said. “If consumers are waiting for a ‘fire sale’, Analysts: Auto sales recovery under way, but may take longer then chances are they Analysts: Auto sales recovery under way, but may take longer will be kept in anticipation for a very long time. We see Analysts: Auto sales recovery under way, but may take longer that incentives are up, year-over-year, but Analysts: Auto sales recovery under way, but may take longer not at Analysts: Auto sales recovery under way, but may take longer the insane levels I think some consumers are looking for.”

According to research site Edmunds.com, August incentives averaged $2,681 per vehicle, down from $2,765 in July Analysts: Auto sales recovery under way, but may take longer and only slightly higher than last August’s $2,456 — Analysts: Auto sales recovery under way, but may take longer when Analysts: Auto sales recovery under way, but may take longer the government also Analysts: Auto sales recovery under way, but may take longer was offering incentives to encourage customers to buy more fuel-efficient vehicles.

Surprisingly, Detroit’s automakers Analysts: Auto sales recovery under way, but may take longer have been profitable through this tough year because they slashed costs during their restructurings Analysts: Auto sales recovery under way, but may take longer and bankruptcies. But Analysts: Auto sales recovery under way, but may take longer the industry still needs to see a recovery in sales from current levels.

Itay Michaeli of Citi Investment Research & Analysis says automakers should seek creative solutions to stoke demand. He cited Hyundai Motor Co.’s Assurance program introduced in January 2009 Analysts: Auto sales recovery under way, but may take longer that allowed customers to return a car during Analysts: Auto sales recovery under way, but may take longer the first year of ownership.

W.P. Browne Consulting estimates sales this year Analysts: Auto sales recovery under way, but may take longer will total 11.3 million light vehicles. Standard & Poor’s Ratings Services trimmed its annual sales forecast to 11.4 million light vehicles this year, rising next year to 13.3 million.

“We Analysts: Auto sales recovery under way, but may take longer have lowered Analysts: Auto sales recovery under way, but may take longer the 2010 forecast slightly this year because prospects for a more robust economic recovery Analysts: Auto sales recovery under way, but may take longer have waned,” S&P said in a statement. “Even Analysts: Auto sales recovery under way, but may take longer the 2011 sales forecast is only about equivalent to our estimate of replacement-level sales.”